Examlex
A field-level lock allows concurrent transactions to access the same row, as long as they require the use of different fields within that row.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive, measured above the supply curve.
Market Equilibrium
Market equilibrium occurs when the quantity demanded by consumers perfectly matches the quantity supplied by producers, resulting in no excess supply or demand within the market.
Price
The financial value forecasted, demanded, or handed over as compensation for an item.
Quantity
The amount or number of a material or immaterial good that is considered as a unit or an aggregate.
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